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Seattle Mayor Ed Murray (D), facing multiple child sex-abuse allegations dating to the 1970s, will resign Wednesday, saying the damaging claims have become a distraction that threatens to undermine the city government’s ability to serve its citizens.

“The commissions charged by UK brokers are nothing short of a disgrace.

Brokers are charging multiples of the actual cost of executing a trade, not margins.

It is now hoping to take its success into other markets.

The app will allow investors to make 10 trades per month each worth up to £10,000 commission free, an offer it estimates will cover the demands of around 90 per cent of its customers.

Recently, one news outlet reported a shocking new trend among some men in Thailand: penis bleaching.Now online trading startup Trading 212 is hoping it can provide the next revolution.On Thursday, the fintech company launched the first UK share trading platform that allows consumers to buy and sell shares for free, in a direct challenge to what it describes as the “disgraceful” rates charged by traditional brokers.As recently as June, when the lawsuit was withdrawn, Murray even suggested he’d run again as a write-in candidate, saying he felt vindicated.Seattle is home to nearly 715,000 people and one of the nation’s fastest-growing economies, fueled in large part by the tech boom and steady expansion by several major firms headquartered there.He went on to serve for nearly two decades in the state legislature, where he prioritized transportation measures, gay rights and marriage equality.Murray continued to champion social justice issues while at city hall, winning the mayor’s seat in part with a promise to raise the minimum wage to an hour, which he accomplished through an executive order not long after his election.City Council President Bruce Harrell will step in to serve as mayor.Seattle’s charter gives him five days to decide whether to remain through the rest of Murray’s term, Harrell announced in a statement.More active and bigger spending traders will be charged a commission of £1.95 and 0.05 per cent commission per trade.According to the company’s research, the average commission charged by five of the largest UK online share dealing platforms is £10.01 per trade.